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USD/CHF Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 12, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/CHF's recovery and touching of 1.0498 minor resistance suggests that an intraday low is in place. Outlook remains neutral for the moment. Nevertheless, with bearish divergence condition in 4 hours MACD and RSI, rise from 0.9995 could have already completed at 1.0623. Hence further downside is still in favor. Below...

    complete article here...

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